RK, freedom, $$, and the financial crisis (by Unicon)

[unicon]

RK has a new book. In the Conspiracy of the Rich the book is about the relation ship between:
1) Taxes
2) Debt
3) Inflation

These are the financial forces that cause most people to work hard yet struggle financially.

These forces are kept alive by the Federal Reserve's license to print money. The Federal Reserve gave politicians the power to borrow money, rather than raise taxes. Debt, however is a double edged sword that results in higher taxes or inflation. Inflation is the silent tax.

The debt bubble burst and today we have deflation a much more serious problem than inflation.

Obama's in order to stop deflation will use the tool of inflation. This will employ massive amounts of debt and print more money out of thin air. This means higher taxes, debt, and , if he is successful, inflation.

Taxes, debt, and inflation are caused primarily by the relationship of the Federal Reserve and the US Treasury. Every time the Fed and US Treasury bail out a bank we are not protecting the people, we are protecting the rich. A bailout is welfare for the rich. With each bail out, we surrender more of our financial freedom and our share of public debt grows and grows.

Socialism makes people weaker and keeps them weak. Weakening people via taxes, debt, and inflation allows for a government's greater consolidation of power.

There is no subtler, no surer means of overturning the exisiting basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction. Today our economy is sick, debauching the currency suddenly made people feel rich. The biggest boom was caused by debt, not money; by inflation, not production; by borrowing, not working. Money for nothing - because money was nothing.

The dollar is now officially Monopoly money. The bank never goes broke, our money has been debauched. Our money is toxic, making the people and businesses of the world very sick. Like drinking polluted water and wondering why you feel ill. The more we need money, the weaker we become. Those who control the money supply want us to need more and more of their toxic money. The more we need money, the more money they can print. The more we need money, the more we're headed for socialism.

The Fed is not a bank, it is a cartel, it has no money. The Fed runs the game. Central banks can do 2 things:
1) Create money out of thin air
2) Lend money they do not have

Paper money is a zero sum game. Goes to Zero. In 1971 money became debt. For the economy to expand , you and I had to get into debt. Our money is debt (IOU). America's biggest export was debt. Good debt is essential to American economy. The governments greatest fear is deflation, and the one way to combat deflation is by inflation. And to only way to create inflation is by debt.

You need to know how to control your personal cash flows as well as:
1) monitor the global flow of jobs
2) people
3) money

In the stock market cash is flowing out of the stocks. Where is the money flowing?
Jobs are flowing overseas and out of Detroit.
Invest in markets where people are moving to, not from.
Cash is flowing out of equities into savings, mattresses, bonds, and gold.

Debt is only as good as your cash flow, real estate is not worth much if there are no jobs, because jobs attract people, and where people are flowing , cash is flowing.

RK will show how he prints his own money with financial intelligence, often using debt, and by controlling cash flow.

The above relationships are great stuff, the only thing the bail outs do is help the rich and I believe this. The predictions of doom regarding the non- bailouts is overstated. The individual would be least affected simply because the individual is already closer to zero and doesnt have far to fall. The overriding concept is that the debt baloon bursting forced out all the Madoffs, etc. The institutions that bought into this massive "Packageing" were every bit as guilty as the Madoffs of the world. I have always been against the bailouts. For one, my own profits would be greater picking up the balance, however the current policy is attempting to foster more illusion into the future and a socialistic culture. This is the identity, more irrational bureaucrats and less freedom. And "Freedom" is the word here, crossing more than just financial lines.

 

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[Russ H]

Nuwif vu ovt uxp vjsief.

-Satt J.